Rate Environment Has Consequences for Credit Quality
Credit conditions have changed rapidly and have created a situation for lenders which is very...
1071 Small Business Reporting Fair Lending Fact Sheet
The upcoming reporting of small business lending under the 1071 section of the Dodd-Frank Act...
MSAs Post Big Swings in Majority-Minority Census Tract Lending
The preliminary 2022 HMDA data recently released by the CFPB is the first glimpse into aggregate...
Large and Small Banks Must Have a Holistic Approach to Maintain Solvency
The U.S. Economy rose 2.6% in the fourth quarter according to the BEA’s third and final estimate...
Critical Preliminary 2022 HMDA Data Now Publicly Available
This week the CFPB released preliminary HMDA data for all lenders reported for calendar year 2022....
What to Consider When Implementing AI in Lending: A Conversation with ChatGPT
In the first post in our series on AI in lending, I began a conversation with ChatGPT, a so-called...
The Critical Role of Regulatory Forensics
The regulatory world in which financial companies operate is a vast sea of uncertainty that is...
On The Use of Regression Analysis in Fair Lending
In recent posts, we have focused on redlining as one of the more prominent fair lending risks that...
3 Risks of AI in Lending: A Conversation with ChatGPT
In our first post in this series, we introduced the concept of AI in lending and examined the first...
Special Purpose Credit Programs: Are They Right For Your Institution?
As lenders face increasing scrutiny from the regulatory and enforcement agencies with regard to...